Option 2 would be the best bet for most of us... if there ever...

Option 2 would be the best bet for most of us... if there ever was a takeover predator then this would be the best time for them to strike... imagine putting in a low ball offer of around 10c on 24th Feb after we are delisted... 99% of the retail holders will jump at that offer.... throw in a 12-15c offer and almost 50% of the major holders will throw in the towel too IMO...

but I don't think we have anything yet to entice a TO offer of any kind.... we are an "in-betweener" in this game... we are not that tiny "5-20m MC company" to be taken over nor do we have a steady flow of income from the last 5-6 quarters (we do have but now that is also under a dark cloud)... so a big player would not touch us at this market cap and definitely not pay a premium... so only a discounted TO offer is possible right now...

3 more sleeps for Friday... hope the ASX is kind enough to end this nightmare by atleast giving us an early news of delisting and not make us refresh until 4 pm to give the expected bad news...

after that, once we are delisted, it is going to be difficult to get updated news from these guys - will have to rely on twitter or some 3rd party to get news... not a good place to be...

tried to remain positive but I guess it is better to accept the fate and move on... if we are really good then we will have a relisting somewhere and pick up the pieces and forge a better outcome... until then, nothing cheerful to report... and I have long since stopped believing in miracles.. at least I never see them happen much in my life as an ASX investor in the spec end of the town...